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Description
Position Summary
An exempt position responsible for oversight of the following functions:
The Revenue Cycle Manager reports to the CEO and is responsible for overseeing and coordinating all revenue cycle activities with a goal of maximizing reimbursement in a cost-effective manner that is in compliance with federal, state and payer-specific billing requirements. The Manager will oversee the policies, objectives, and initiatives of all revenue cycle activities to optimize the patient financial interaction along the care continuum achieving best practice performance using HFMA Map Key indicators.
This position is currently a temporary position with the potential for permanent hire after an interim probationary period. This probationary interim period can last up to 90 days but may be extended based on position and candidate.
Requirements
Principal Duties and Responsibilities:
20. Develops and maintains internal controls to target revenue recovery throughout the organization by identifying charge capture, coding, and reimbursement problems, then recommending/implanting solutions.
21. Monitor A/R effectively and ensure aging categories are within established goals and national benchmarks. Verify appropriate collections procedures are being followed.
22. Responsible for maximizing the collection of medical services payments and reimbursements from patients, insurance carriers, financial aid, and guarantors.
23. In conjunction with operations, reviews and enhances insurance verification, coding review, billing, collection, and payment posting processes for efficiency and best practices; ensure systems are fully functional and maximized and recommend new processes to improve current workflow.
24. Monitors daily productions of scheduling, claims, denials, and appeals.
25. Analyzes claims, utilization, and medical cost data.
26. Reviews, monitors, and recommends updates to the Clinic’s fee schedule to maintain fees at levels that maximize reimbursement.
27. Ensures compliance with relevant federal, state, and payor-specific billing requirements.
28. Regularly provides upper management with revenue cycle status including reports, metrics, and presentation.
29. Ensure staff are educated on new technology, goals, and contracts.
30. Establish a regularly scheduled revenue cycle meeting to discuss strategies and ensure everyone is educated on the direction of the department.
31. Work with Managed Care vendors in identifying any payer relation issues or contracts that need to be renegotiated or negotiated for the first time.
32. Additional projects, goals, issues surrounding the revenue cycle, conflicts, or concerns as directed or indicated by Administration.
Required Skills, Knowledge, and Abilities
Education
Experience
Other Requirements
Working Conditions
OSHA Category 3: Involves no regular exposure to blood, body fluids, or tissues, and tasks that involve exposure to blood, body fluids, or tissues are not a condition of employment.
The position is in a well-lit office environment. Occasional evening and weekend work. Involves sitting, walking, or standing throughout the day. Equipment operated will be standard office equipment including computers, fax machines, copiers, printers, telephones, etc.
Full Time
Ambulatory Healthcare Services
$86k-120k (estimate)
01/29/2024
06/08/2024
azsneeze.com
SCOTTSDALE, AZ
25 - 50
1980
WILLIAM MORGAN
$5M - $10M
Ambulatory Healthcare Services
The Institutes specially selected staff of allergists, immunologists, nurses, and technicians have years of experience in the care of respiratory and allergic diseases. We understand the issues you deal with on a daily basis. We are dedicated to providing you with solutions that help you to breathe easier. Our Institute is one of the leading centers for the diagnosis and treatment of asthma, allergy, immunodeficiencies, and other respiratory diseases. This website is designed to give you a better understanding of our medical practice for the purpose of establishing and maintaining a successful... and comfortable patient-physician relationship.
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The job skills required for Revenue Cycle Manager include Billing, Leadership, Medical Billing, Customer Service, Initiative, Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue Cycle Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Revenue Cycle Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Revenue Cycle Manager positions, which can be used as a reference in future career path planning. As a Revenue Cycle Manager, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Cycle Manager. You can explore the career advancement for a Revenue Cycle Manager below and select your interested title to get hiring information.
If you are interested in becoming a Revenue Cycle Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Cycle Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Revenue Cycle Manager job description and responsibilities
Revenue Cycle Manager helps to ensure transparency, alleviate patients’ financial stress, collect earlier, and accelerate reimbursement in a healthcare facility.
03/17/2022: New Britain, CT
Perform a revenue cycle claims tracing analysis.
04/03/2022: Grand Rapids, MI
Ensure Timely and Accurate revenue documentation.
02/12/2022: New Brunswick, NJ
Align their roles to the organization’s business or strategic plan.
04/18/2022: Long Beach, CA
Evaluate the effects of price, length of stay, demand, and availability controls on revenue.
01/31/2022: Benton Harbor, MI
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Revenue Cycle Manager jobs
An organization can purchase data analytics software and use dashboards to set and monitor revenue goals.
01/23/2022: Bergenfield, NJ
The revenue cycle begins when the patient makes the appointment and ends with successful payment collection.
03/31/2022: Helena, MT
Poor quality data and future revenue cycle complications can occur without the ability to streamline the digital workflow.
02/26/2022: Augusta, GA
Establish performance standards.
03/27/2022: Lawrence, MA
Generate the actionable data that allows health system leaders to understand financials at a nuanced level, promoting effective processes that lead to financial sustainability and optimum revenue cycle management.
03/21/2022: Corpus Christi, TX
Step 3: View the best colleges and universities for Revenue Cycle Manager.